alvis corporation reports pretax accounting income of $400,000, but due to a single temporary difference, taxable income is only $250,000. at the beginning of the year, no temporary differences existed.
Required:
1. Assuming a tax rate of 25%, what will be Alvis's net income?
2. What will Alvis report in the balance sheet pertaining to income taxes? Complete this question by entering your answers in the tabs below

Internal control does not consist of policies and procedures that Option(d) guarantee the company will earn a profit.

Internal controls are controls put in place by management to mitigate against identified risk. Risk basically  refers to what could go wring in a process. Controls are put in place to mitigate against the risk of error or fraud and do not necessarily prevent the company from making a loss.

Companies make profit or loss based on management's decisions such as where to invest, what time to invest, introduction of a new product, management of cost of sales and operating expenses etc

Internal controls basically consist of policies and procedures that ensure that the company's asset are not misused (fraud), no misrepresentation of revenue (fraud), employees and managers comply with laws and regulations,  business information is accurate ( no misrepresentation of records due to error) etc.

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Joshua has complete authority over your department's pay scales, promotions, and incentives. Additionally, he can provide you the most lucrative sales region and a fun job assignment. Joshua has reward power.

A promotional incentive is a coupon, rebate, or other incentive offered to persuade a consumer to buy goods, food, or services for which I the consumer provides no direct consideration or (ii) the direct consideration provided is insufficient to cover the cost of the goods, food, or services to be received. Rewards offered by a firm to present and potential consumers to encourage conversions are known as marketing incentives. These conversions may consist of first-time purchases, follow-up purchases, website visits, email signups, referrals, and more.

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It can be seen from the solutions given that Cain's net income is $24,000.

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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If the objective function coefficient for product A increases by 30, it will exceed the allowable increase of 100.

Based on the output from the Excel Solver, we can see that the optimal solution has a value of 150 for product A and 100 for product B. The total cost for this solution is 0.

The "allowable increase" and "allowable decrease" columns represent the amount by which the objective function coefficient for each product can change before the current solution is no longer optimal.

For example, the allowable increase for product A is 100, which means that the coefficient for product A can be increased by up to 100 before the current solution is no longer optimal.

If the objective function coefficient for product A increases by 30, it will exceed the allowable increase of 100, and the current solution will no longer be optimal. The Solver will need to be run again to find a new optimal solution with the updated coefficient for product A.

The exact impact on the solution will depend on the coefficients of the other variables and the constraints in the model.

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Answer: Strong time management skills.

Explanation:

Time management skills looks at achieving goals in a shorter period of time and making available time for other activities you plan to achieve, it helps you plan your events well void of much stress, gives you focus and meeting up with deadlines.

Jemimah has to work on her time management skills, she has to analyze the project and work out a plan on to meet up before the deadline. She can break the project in bits and set short deadline for her self on each task, in doing so, sh would relieve herself of stress and meet up with the deadline she was given.

The annual rate of interest charged is approximately 4.04%.

To calculate the annual rate of interest charged, we can use the simple interest formula:

Interest = Principal x Rate x Time

Given that the loan amount (Principal) is $990, the repayment amount is $1,010, and the time is 6 months, we can calculate the interest as follows:

Interest = $1,010 - $990 = $20

Now, let's calculate the annual rate of interest using the formula:

Rate = (Interest / Principal) x (1 / Time) x 100

Rate = ($20 / $990) x (1 / (6/12)) x 100

Rate ≈ 4.04%

Therefore, the annual rate of interest charged is approximately 4.04%.

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Answer:

it compells an individual to suffer form various problems like financial hardship and poverty, debt, homelessness and housing stress, family tensions ,etc.

Explanation:

hope it may help you

Being unemployed is a highly stressful situation, so it may cause stress-related health issues such as headaches, high blood pressure, diabetes, heart disease.

There ya go. :)

All assets are stated first, followed by liabilities (typically in order of liquidity1). Each future economic gain held or managed by the corporation (its assets) as well as its obligations (liabilities) are depicted. (Optin B)

A balance sheet is a summary of an individual's or organization's financial balances, whether it is a sole proprietorship, a commercial partnership, a corporation, a private limited company, or another organization such as a government or not-for-profit agency.

A balance sheet provides a picture of your company's financial situation at any given time. A balance sheet, together with an income statement and a cash flow statement, may assist business owners in evaluating their company's financial status.

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Answer:

Canceled checks.

Invoices.

Cash register receipts.

Computer-generated receipts.

Credit memo for a customer refund.

Employee time cards.

Deposit slips.

Purchase orders

Explanation:

That is all i think

In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.

Correct option is A, C, D and E.

1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement  is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.  

3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.

4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.

5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.

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Answer:

A,C,D,E

Explanation:

I did it and this was correct.

Answer:

1 Cash to Capital

2 Bank to Cash

4 Purchase to Cash

5 Purchase to Cash

8 A/c receivable to Sales

10 A/c Payable to Cash

15  Cash dr(11700) Sales Discount dr (300) A/c receivable Cr(12000)

16 Wages Payable to Cash

18 Furniture to Cash

20 Drawing to Bank

22 Rent Payable to Bank

23 Drawing to Goods

24 Drawing to Bank

26 Cash to Commission received

27 Bank Charges Payable to Bank

28 Insurance Payable to Bank

29 Salary Expense/ Salary Payable (I forgot) to Cash

30 Cash to Sales  

Answer:

C.

Have a good morning✨

Answer:

A

Explanation:

Answer:

I would definitely give the same advice. The income potential for a college graduate far exceeds those of a high school graduate. I would be determined to graduate from college, good get a great job and get the loans paid off.

Explanation:

With a great education and a great job it shouldn't take long to get the loans paid off

Answer:

Why do people break up if they love each other?

Explanation:

sorry it's not simple lol

Answer:  a measurement of utility

Explanation:

Answer:

To prevent foodborne botulism: Use approved heat processes for commercially and home-canned foods (i.e., pressure-can low-acid foods such as corn or green beans

Explanation:

The action by Talia in refusing to do what the manager said is called organizational citizenship.

This refers to moral actions by people that go beyond the roles and obligations they are tasked with to ensure that a company is successful.

Talia refuses to lose the invoice which was beyond what the manager had told her because she wanted the supplier to be successful in its transactions with her company.

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Answer:

A. good practice

Explanation:

planning for these disasters can help reduce damage,injuries,even death.

Answer:

A

Explanation:

Just in case something were to happen it would be good to know where to go and what to do. It can prevent deaths and injuries if the real thing were to happen.

Answer:

d. Accelerate deductions

Explanation:

Tax acceleration is a way that a taxpayer is able to hasten tax deduction.

Taxi is paid in the year that it was incurred instead of in the subsequent year.

This way tax expense that will be paid from the current year is reduced and tax income will increase.

In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration

In 2022, there will likely be a rise in per capita disposable income, which could create an opportunity for the sector. The personal savings rate is the proportion of discretionary income that is set aside for retirement or other future needs.

The amount to be deducted from a person's wages for payments to third parties or past taxes is determined by the federal government using that person's disposable income. The level of consumer expenditure on goods and services is assumed to have a strong link across time with changes in real disposable income. This connection between current real disposable income and household spending and saving was the main emphasis of the Keynesian theory of consumption.

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Taft's emphasis on dismantling trusts, in Roosevelt's opinion, would destroy the system of collaboration and regulation he had set up.

The system of cooperation and regulation that Roosevelt had established with large business, in Roosevelt's opinion, was being destroyed by Taft's focus on dismantling trusts. Roosevelt thought Taft's emphasis on dissolving trusts was misguided.

In fact, Taft filed more antitrust lawsuits during his four years in office than Roosevelt had in his seven and a half. Compared to Roosevelt, Taft was less in favour of having the executive branch of the federal government oversee trust activities.

Theodore Roosevelt cultivated a reputation as a person who broke trust. Political pressure forced him to take action against the trusts. In actuality, TR did not destroy trust. Roosevelt consistently maintained that there was a power greater than that of even the biggest, wealthiest business organization.

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Answer:

The answer is realistic

Explanation:

I checked after getting it wrong

Answer:

a and d, The reason is your bussiness you should keep it professional.

Explanation:

All of the following are considered appropriate speech in the workplace except for the use of slang. Thus, option D is correct.

A workplace, also known as a place of work, is a place where employees carry out duties, jobs, and projects on behalf of their boss.  inevitably, a happy and pleased person will show this in his whole personality and development as a person. Other than just increased efficiency and staff fulfillment are some of the overall effects of a positive work environment.

While using slang at home or in social settings is allowed, doing so within the workplace can have unfavorable consequences. The employing of the vocabulary may cause misunderstandings in communication and can make those who cannot comprehend it feel excluded or alone.

Therefore, option D is the correct option.

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The condition that is present is one where you are D. accepting the risk.

Accepting risk means that one knows that there is a certain amount of risk in doing something and instead of avoiding it, finds a way to deal with the situation regardless of the risk involved.

This is more likely when the risk of something happening is always present such that the activity is hard to avoid.

The subject in this scenario has accepted that there will be risk in being involved in a motor vehicle accident by taking the I-5 but still decides to take the road anyway instead of avoiding it because they believe that they will find a way to avoid the accidents.

They are therefore accepting risk.

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Comparing the final value of the IRA ($53,404.44) to the total deposits made ($14,040), we can see that the IRA has grown significantly due to the power of compound interest.

The IRA will contain approximately $53,404.44 when he retires at age 65. This amount is the accumulation of the monthly deposits and the compound interest earned over the 41-year period.

To calculate the future value of the IRA, we can use the formula for compound interest:

Future Value = Principal × (1 + Interest Rate / Number of Compounding Periods)^(Number of Compounding Periods × Number of Years)

Where,

Principal (initial deposit) = $30

Interest Rate = 4% (converted to a monthly rate, i.e., 4% / 12 = 0.00333)

Number of Compounding Periods = 12 (monthly deposits)

Number of Years = 65 - 24 = 41 years

Future Value = $30 × (1 + 0.00333)^((12 × 41)

Future Value ≈ $53,404.44

Therefore, the IRA will contain approximately $53,404.44 when he retires at age 65.

Now, let's calculate the total deposits made over the time period. The monthly deposit of $30 is made for 41 years, which amounts to:

Total Deposits = Monthly Deposit × Number of Months

Total Deposits = $30 × (12 × 41)

Total Deposits = $14,040

Hence, the total deposits made over the 41-year period would be $14,040.

Comparing the final value of the IRA ($53,404.44) to the total deposits made ($14,040), we can see that the IRA has grown significantly due to the power of compound interest. The compound interest earned over the years has contributed to the growth of the account, resulting in a final amount that is significantly higher than the total deposits made. This demonstrates the importance and benefits of starting early and taking advantage of compounding for long-term investments like retirement accounts.

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To calculate the amount the IRA will contain when the individual retires at age 65, we can use the formula for the future value of an ordinary annuity.

The future value is calculated by adding up the compounded monthly deposits and the interest earned over the time period.

Given:

Monthly deposit amount: $30

APR (Annual Percentage Rate): 4% (converted to a monthly interest rate: 0.04/12 = 0.00333)

First, let's determine the total number of months the individual will be making deposits into the IRA. Since the individual starts at age 24 and retires at age 65, the total number of months is (65 - 24) * 12 = 492 months.

Using the future value of an ordinary annuity formula:

FV = PMT * [(1 + r)^n - 1] / r

Where:

FV is the future value of the IRA

PMT is the monthly deposit amount

r is the monthly interest rate

n is the number of periods (in this case, the number of months)

Plugging in the values:

FV = $30 * [(1 + 0.00333)^492 - 1] / 0.00333

Calculating this expression will give us the amount the IRA will contain when the individual retires at age 65.

To compare this amount with the total deposits made over the time period, we can multiply the monthly deposit amount by the total number of months:

Total Deposits = $30 * 492

By comparing the future value of the IRA with the total deposits, we can see the growth and accumulated interest that the contributions have generated over the years.

It's important to note that this calculation assumes monthly deposits made consistently over the entire period and doesn't account for any potential changes in the interest rate or additional contributions. It also assumes that the interest is compounded monthly.

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Answer:

Explanation:

I think it's A.

You should always question the source. You might be lucky and discover what they've not said about their product. Or you may discover it is simply not true.

A few years back (many in fact), there was a product on the market call Laetrile. It was produced from peach pits. It has an overwhelming popularity that Sloan Kettering (the Cancer Clinic in New York -- the oldest and largest one in the world), spent some of their needed grant money  to test Laetrile. The results -- nothing. Imagine what happened to those who marketed this product.  Word got around. People with Cancer are pretty desperate. They and their loved ones will try anything.

But the facts on the internet help to dispel this kind of thing.

The principals in this transaction are Farrah and Troy . Both Farrah and Troy are the legal owners of the property.

They are both responsible for the terms and conditions of the transaction, and any changes or modifications to the contract must be agreed upon by both parties. Both principals have the right to negotiate on the terms of the transaction, as well as to accept or reject any proposed changes.

Both parties are also responsible for ensuring that all legal requirements are met, and for ensuring that the transaction is closed in a timely and satisfactory manner. The principals also have the right to consult with legal counsel at any stage of the transaction.

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Answer:

True

Explanation:

It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.

This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.

Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.

Answer:

Demand is high and if the manufacturing prices increase